FX market steady in early European trade


There is the usual jockeying for positions in early European trade but very little happening…

USD/CAD buyers aplenty towards .9800


It's a reflection on how few orders are in the market if USD/CAD is getting an early mention! Buy…

Downside stops in EUR/USD and AUD/USD


Stop-loss sell orders getting mentioned on the early European grapevine with 1.3115 in EUR/USD and…

EUR/JPY: Probably a bit early to start calling a ‘top’ but looking soft..


The bull trend is obviously very strong but the market is reportedly very long already so its a…

Lot of volatility in EUR/JPY so keep positions manageable


After opening 150 pips higher than its NY closing level, EUR/JPY dipped 60 pips in about 10…

EUR/JPY starting to get hit by profit takers


There has been a fairly sharp 30 pip dip in EUR/JPY over the last few minutes with profit takers…

Yen crosses holding on to gains; still no reports on volumes, orders


Interbank dealers are still way too busy to be chatting with any other traders, never mind…

USD/CHF: Breaks below prior support but no sign of any big stops being triggered


A previous daily low at .9215 has been breached but there was no sign of any major stops being…

AUD/USD: Eyeing short-term stops below 1.0500


The HSBC China manufacturing PMI data will be released in an hours time and this will be the next…

EUR/USD: Stops aplenty on topside


Dealers are being a bit vague on where the stops are but 4 major banks all list plenty of stop-loss…

Investment fund launches underpinning JPY crosses this morning


Retail investment funds or Samurais have been launched this morning in Tokyo adding to demand for…

EUR/CHF: Real money buyers reported on dips


These are the guys to look out for generally, asset mangers (particularly of the Sovereign…

EUR/USD session outlook


     There is Fibo resistance at 1.3030 which should cap Asian-market moves and support levels are…

EUR/USD: Quick stop-loss run above 1.2950


Quick spike above 1.2950 as stops get triggered then back to mid-range levels, usual rules apply.…

EUR/USD orders: Buyers 1.2920, sellers 1.2950.


There is also talk of stops above 1.2960 but more selling interest awaits near 1.2980.

EUR/USD bulls: Might be worth an intraday trade near 1.2870


There are reportedly stops below 1.2870 but they were protected even in thin early Monday morning…

AUD/USD: Sovereign sell orders reported 1.0510/20


Same names that are buying below 1.0400 are also selling 1.0510/20: Solid selling interest also…

EUR/USD: Market aiming at stop-loss orders below 1.2870


Bit of an early push in the interbank market to trigger stops below 1.2870 but bids have returned…